CNN Money is touting Louisiana as
one of the ten most entrepreneurial states. The news outlet tapped data from a
service that tracks start-up formation, the Kauffman Index of Entrepreneurial
Activity, to list Louisiana ninth with a business start-up rate of 400 for
every 100,000 adults in 2012.

Generated by the Kansas City-based
Ewing Marion Kauffman Foundation, the index measures entrepreneurship using
ongoing survey results from the U.S. Census Bureau and the Bureau of Labor
Statistics, tracking the percentage of non-business owners that starts
businesses from one month to next.

The top scoring state cited by CNN
Money was Montana with 530 start-ups per 100,000 adults. Others on the list are
Vermont, New Mexico, Alaska, Mississippi, California, Idaho, Hawaii and Nevada.

The article says Louisiana is luring
entrepreneurs in technology, life sciences, music and entertainment and quotes
an economic developer from North Louisiana saying the state has a "coolness
factor" that attracts people in music, film and the arts.

"The city of Shreveport in
particular is quickly becoming the epicenter of Louisiana's growing film
industry; start-ups in the field enjoy sales tax rebates and other local
incentives," the article says. "Entrepreneurs in the state can take advantage
of affordable living costs and low taxes too."